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Stock impact report

GMS: Strong Q1FY24 Results Confirm The Potential Upside [Seeking Alpha]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
ribeirorocha/iStock via Getty ImagesInvestment ThesisGMS (NYSE:grow by addressing the increasing demand in the industry.About GMSGMS manages a network of over 300 distribution centers with a product portfolio of ceilings, wallboard, steel framing, and complementary construction products. The wallboard, complementary products, steel framings, and ceilings contribute 40%, 29%, 19%, and 12%, respectively to the companyâ??s total net sales. The complementary products further consist of Insulation, Joint Treatment, Lumber, EIFS/Stucco, and Tools & fasteners. In addition, the firm offers building products and solutions for its commercial contractors & residential consumer base. It has a strong presence across six Canadian provinces and47 U.S. states. The Residential end market contributes 45% and the Commercial end market accounts for 55% of the companyâ??s portfolio. The Residential segment includes Single-family New, Multi-family New, and Repair & Remodel products. The Construction segmen Show less Read more
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